Unit 5: Economic Systems and Development

Which region generally has a lower HDI ranking?

How does literacy rate impact a country’s development?

Why might a socialist country have lower levels of wealth inequality than a free enterprise country?

Which of the following would not be considered part of a traditional economy?

If a country mainly produces raw materials but does not manufacture finished products, it likely lacks a strong:

What is a sign that a country is moving from a less developed economy to a more developed economy?

Which type of economy relies the most on primary-level economic activities?

Why do some countries use a mixed economy instead of a pure economic system?

What is the main goal of a communist economy?

Why is economic diversification important for the future development of Sub-Saharan Africa?

How does subsistence agriculture contribute to poverty in Africa?

Which of the following is a major challenge to economic development in Sub-Saharan Africa?

How did European colonialism impact African economies?

What is a potential long-term solution to improving economic development in Africa?

Economic System based on customs and traditions, with little change over time?

GDP per capita is an important measure because it:

A factory assembling cars from raw materials is an example of which level of economic activity?

Doctors, teachers, and retail workers provide services in which level of economic activity?

Which level of economic activity involves gathering natural resources like farming, fishing, and mining?

Key feature of a socialist economy

What are the three factors used to calculate Human Development Index (HDI)?

In which type of economy do people often rely on subsistence agriculture and cottage industries?

Why is GDP per capita a better measure of a country's wealth than total GDP?

If a country has a high life expectancy, what can you infer about its standard of living?

How does urbanization impact African cities?

Which level of economic activity is associated with research, technology, and data analysis?

Many African countries rely heavily on exporting raw materials. What is one major problem with this economic model?

Which of the following is an advantage of a free enterprise system?

How does supply and demand influence a free market economy?

What does a high infant mortality rate suggest about a country?

In a free enterprise system, who primarily determines what is produced?

Which factor does not directly influence standard of living?

Which of the following would most likely increase a country's HDI ranking?

What is one reason that many Sub-Saharan African countries struggle with infrastructure?

Which of the following best describes the "poverty cycle" in Sub-Saharan Africa?